Loading
Fontana's Inland Empire market moves fast. Waiting to sell before you buy can cost you the property.
A bridge loan gives you short-term cash to close on your next home before your current one sells. Bankrate's latest survey shows 30-year rates at 6.27% — bridge loans carry higher rates, but the tradeoff is speed and certainty.
6–12 Months
Typical Loan Term
20%+ in Current Home
Equity Required
Non-QM / Private
Loan Type
Higher Than Conventional
Rate Type
Bridge loans are non-QM products. Lenders don't use standard debt-to-income rules the way conventional lenders do.
Most lenders want at least 20% equity in your current home. Strong credit helps, but the deal structure matters more than your score.
Banks rarely offer bridge loans. This is private lender and wholesale territory. Most retail loan officers don't have access to these products.
We work with 200+ wholesale lenders. Several specialize in short-term bridge financing for Inland Empire borrowers. That gives you real options, not one take-it-or-leave-it offer.
The deals that fall apart with bridge loans usually have one problem: no clear exit. Lenders want to know exactly how the loan gets paid off.
Listing your current home before closing on the bridge loan helps. A signed purchase contract is even better. Come to the table with proof your equity is real.
Hard money loans are the closest alternative. They're also short-term and asset-based, but often carry higher rates and fees than bridge loans.
Interest-only loans can reduce monthly payments temporarily, but they don't solve the gap between buying and selling. Bridge loans are the cleanest tool for that specific problem.
Fontana sits in San Bernardino County, where move-up buyers are common. Many homeowners have built equity after years of appreciation in the Inland Empire.
That equity is your bridge loan's foundation. If you bought in Fontana years ago and want to move without a contingency, this is exactly the loan type built for that scenario.
Most bridge loans run 6 to 12 months. Some lenders extend to 18 months if your property hasn't sold.
Yes. Bridge lenders focus on your equity, not your current mortgage balance. Your exit strategy still needs to be solid.
You'll need to refinance or extend the bridge loan. Plan for this before closing — don't assume a fast sale.
Yes, significantly. Bridge loans are short-term and non-QM, so lenders price in more risk. Rates vary by borrower profile and market conditions.
No, but you need a plan to sell your current home. Most lenders want to see an active listing or signed contract.
Bridge Loans in Fontana